Glidden, Iowa Property Taxes
The median property tax rate in Glidden, IA is 0.83%, notably lower than both the national median of 0.99% and the Iowa state median of 1.54%. With the median home value in Glidden at $64,500, the typical annual property tax bill amounts to $2,587, which is slightly below the national median of $2,690. Property taxes in Glidden are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Glidden's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Glidden or another part of Greene County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Glidden, Iowa Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.83%
Estimate Property Tax Bill
$535
Ownwell’s Glidden Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glidden with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glidden to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Glidden, Iowa
Property taxes in Glidden, Iowa, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glidden is 1.30%, higher than both the Iowa state median of 1.56% and the U.S. national median of 0.99%. Local government entities within Glidden set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glidden estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Glidden's effective property tax rate to other counties in Iowa and the national median. For comparison, the 51443 zip code has the highest median property tax rate of 1.30%, while the 51443 zip code has the lowest median tax rate of 1.30%. Understanding how these cities compare with Glidden provides valuable insights into the varying tax landscape across Greene County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glidden Tax Rate
0.83%
Average Greene County Tax Rate
1.35%
Average Iowa Tax Rate
1.54%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glidden, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 51443 | 0.75% | 0.78% | 0.83% | 0.88% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across Glidden, Iowa
In Glidden, Iowa, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Greene County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Glidden, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The median home price in Glidden is $64,500, with tax bills ranging from the 25th percentile at $1,528 to the 90th percentile at $4,282. Being aware of these valuation processes in Glidden helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Glidden Assessed Value
$64,500
Average Greene County Assessed Value
$113,750
Average Iowa Assessed Value
$167,100
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glidden, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 51443 | $24,580 | $39,550 | $64,500 | $286,550 | $419,780 |
Source: Ownwell
Property Tax Bills Across Glidden, Iowa
In Glidden, located in Greene County, IA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local property tax rate to arrive at the annual tax bill. For homeowners in Glidden, the median home price is $64,500, and the property tax rate significantly impacts their annual expenses. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. The tax bill for the 25th percentile stands at $1,528, while those in the 75th percentile pay around $3,646. Homeowners in the 90th percentile face tax bills as high as $4,282. Compared to the national median property tax rate of 0.99%, Glidden's property taxes can be relatively high, especially for those with higher-valued properties. This can significantly affect homeowners' financial planning, making it crucial to understand how these taxes are calculated and what factors are considered.
Average Glidden Tax Bill
$2,587
Average Greene County Tax Bill
$1,434
Average Iowa Tax Bill
$2,508
Average United States Tax Bill
$2,690
Property Tax Bills Across Glidden, Iowa
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 51443 | $892 | $1,528 | $2,587 | $3,646 | $4,282 |
Source: Ownwell